All articles by Verdict Staff
Verdict Staff
Indian central bank allows cooperative banks to issue ATM cards
The Reserve Bank of India (RBI) has allowed cooperative banks with core banking solution (CBS) to issue ATM cards/ATM-cum-debit cards in partnership with sponsor banks.
Greek banks reopen after three weeks
Greek bank branches have reopened their doors following a three-week closure, as the government initiates repayment of its loans to the ECB and IMF.
Pakistans JS Bank receives approval to open branch in Bahrain
The Central Bank of Bahrain (CBB) has granted Pakistan’s JS Bank a wholesale banking license to open a branch in the country.
IndusInd Bank launches instant money transfer service QuickPay
India-based IndusInd Bank has launched an instant money transfer service, called QuickPay, to allow its customers send money instantly to their personal contacts and/or business parties through SMS, E-mail and social media platforms.
Barclays launches fintech innovation hub in New York
Barclays has launched a physical space and virtual global hub, dubbed Rise New York, to pioneer the future of financial technology.
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Turkeys banking regulator approves BBVAs acquisition of Garanti Bank stake
Banking Regulation and Supervision Agency (BDDK), the Turkish banking regulator, has given the go-ahead to BBVA’s acquisition of an additional 14.89% stake in Turkey’s Garanti Bank.
NAB to offload remaining stake in US business
National Australia Bank (NAB) is set to sell its remaining 28.5% stake in the regional US lender Great Western Bancorp.
Citigroup’s consumer banking arm records 4% rise in Q2 income
The global consumer banking (GCB) unit of Citigroup has posted a net income of $1.62bn for the second quarter of 2015, a rise of 4% compared to $1.56bn a year ago.
How do we stimulate innovation for digital transformation?
Yesterday we held a breakfast event at the legendary City venue One Lombard Street, where self confessed technology veteran and digital entrepreneur Professor Paul Morrissey came to speak about innovation and how big organisations can best embrace it
Loyalty in the post-interchange era
Rising prosperity since the turn of the millennium has had a profound effect on the global economy, with consumption patterns beginning to signal that a new normal may soon be upon us. We are all aware of the disparity between the 1 percent and the rest, but the real story has been the expanding middle class in Asia, Latin America, and Africa.